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StocksMedium•25 March 2026•

1 min read

Zedge Hikes Quarterly Dividend by 25% Following Record Q2 Performance

Key Facts

1Zedge's Board of Directors approved a 25% increase in the quarterly cash dividend to $0.02 per share.

2The increase is driven by record second-quarter results, including revenue, active subscriptions, and strong free cash flow generation.

3CEO Jonathan Reich noted that the increase reflects confidence in the company's ongoing business prospects.

The Board of Directors of Zedge, Inc. (ZDGE) has approved a 25% increase in its quarterly cash dividend, raising the payout to $0.02 per share from the previous $0.016. This decision follows record-breaking second-quarter results, highlighted by significant growth in revenue and active subscriptions. Management attributed the hike to the company's robust free cash flow generation and a strong overall balance sheet. CEO Jonathan Reich stated that the increase reflects the board's confidence in Zedge's ongoing business prospects and long-term strategic direction. The move is expected to attract income-focused investors while signaling financial stability and operational success. By raising its dividend, Zedge demonstrates its commitment to returning capital to shareholders alongside its growth initiatives.

Sources:

Zedge Hikes Quarterly Dividend by 25% Following Record Q2 Performance

Key Facts

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